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Nutrien: 2Q Earnings Snapshot

SASKATOON, Saskatchewan (AP) _ Nutrien Ltd. (NTR) on Wednesday reported second-quarter earnings of $1.42 billion.

The Saskatoon, Saskatchewan-based company said it had profit of $2.24 per share. Earnings, adjusted for one-time gains and costs, came to $1.48 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.

The producer of potash and other fertilizers posted revenue of $8.15 billion in the period.

Nutrien expects full-year earnings in the range of $2.40 to $2.70 per share.

Nutrien shares have increased slightly more than 5 percent since the beginning of the year. The stock has increased 23 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTR at https://www.zacks.com/ap/NTR